Power demand & grid
Sells electricity into competitive markets, or makes and installs the equipment that generates and carries it, as power use rises with data centers, factories and electrification.
Electricity demand is growing with data centers, new factories and electrification. This theme covers power producers that sell into competitive markets, and the makers and builders of the equipment that generates electricity and carries it across the grid.
Companies
73
Core
36
With a moat
56%
Average quality
38
2 wide moat · 39 narrow moat · 32 no moat · Open in screener →
Core The theme describes the company's main business. Partial A meaningful part of the business, but not the main one.
Companies
| Company | Exposure | Industry | Moat | Quality | Market cap |
|---|---|---|---|---|---|
| GEV GE Vernova Inc. | Core | Electrical Equipment & Power | Narrow | 45 | $241.9B |
| ETN Eaton Corp plc | Core | Electrical Equipment & Power | Narrow | 61 | $152.1B |
| CEG Constellation Energy Corp | Core | Independent Power & Renewables | Wide | 50 | $93.3B |
| PWR QUANTA SERVICES, INC. | Core | Construction & Engineering | Narrow | 46 | $93.0B |
| VST Vistra Corp. | Core | Independent Power & Renewables | Narrow | 38 | $50.2B |
| NVT nVent Electric plc | Core | Electrical Equipment & Power | Narrow | 53 | $26.3B |
| HUBB HUBBELL INC | Core | Electrical Equipment & Power | Narrow | 61 | $24.8B |
| NRG NRG ENERGY, INC. | Core | Independent Power & Renewables | None | 34 | $20.9B |
| TLN Talen Energy Corp | Core | Independent Power & Renewables | Narrow | 31 | $16.8B |
| GNRC GENERAC HOLDINGS INC. | Core | Electrical Equipment & Power | Narrow | 51 | $11.4B |
| AES AES CORP | Core | Independent Power & Renewables | None | 35 | $10.7B |
| VMI VALMONT INDUSTRIES INC | Core | Construction & Engineering | Narrow | 56 | $8.7B |
| POWL POWELL INDUSTRIES INC | Core | Electrical Equipment & Power | Narrow | 61 | $6.0B |
| AGX ARGAN INC | Core | Construction & Engineering | Narrow | 54 | $5.0B |
| MYRG MYR GROUP INC. | Core | Construction & Engineering | Narrow | 54 | $4.4B |
| TAC TRANSALTA CORP | Core | Independent Power & Renewables | None | 31 | $4.4B |
| PAM Pampa Energy Inc. | Core | Electric & Multi-Utilities | Narrow | 41 | $4.3B |
| KEN Kenon Holdings Ltd. | Core | Electric & Multi-Utilities | None | 33 | $4.2B |
| ITRI ITRON, INC. | Core | Electronic Components & Instruments | Narrow | 52 | $3.6B |
| ATKR Atkore Inc. | Core | Electrical Equipment & Power | None | 41 | $3.2B |
| CTRI Centuri Holdings, Inc. | Core | Construction & Engineering | None | 28 | $2.1B |
| PLPC PREFORMED LINE PRODUCTS CO | Core | Electrical Equipment & Power | Narrow | 54 | $1.8B |
| AMSC AMERICAN SUPERCONDUCTOR CORP /DE/ | Core | Electrical Equipment & Power | Narrow | 46 | $1.3B |
| PSIX POWER SOLUTIONS INTERNATIONAL, INC. | Core | Electrical Equipment & Power | None | 42 | $1.1B |
| BW Babcock & Wilcox Enterprises, Inc. | Core | Electrical Equipment & Power | None | 12 | $679M |
| HYLN Hyliion Holdings Corp. | Core | Electrical Equipment & Power | None | 21 | $573M |
| HNRG HALLADOR ENERGY CO | Core | Electric & Multi-Utilities | None | 30 | $550M |
| GNE Genie Energy Ltd. | Core | Electric & Multi-Utilities | None | 48 | $438M |
| MTRX MATRIX SERVICE CO | Core | Construction & Engineering | None | 16 | $289M |
| NPWR NET Power Inc. | Core | Electrical Equipment & Power | None | 29 | $227M |
| CEPL Capstone Energy Plus, Inc. | Core | Machinery | None | 12 | $100M |
| RAYA Erayak Power Solution Group Inc. | Core | Electrical Equipment & Power | None | 22 | $90M |
| PPSI PIONEER POWER SOLUTIONS, INC. | Core | Electrical Equipment & Power | None | 16 | $30M |
| APWC ASIA PACIFIC WIRE & CABLE CORP LTD | Core | Electrical Equipment & Power | None | 31 | $30M |
| AUSI AURA SYSTEMS INC | Core | Electrical Equipment & Power | None | 13 | $30M |
| POLA Polar Power, Inc. | Core | Electrical Equipment & Power | None | 6 | $4M |
| CAT CATERPILLAR INC | Partial | Machinery | Wide | 67 | $333.6B |
| SO SOUTHERN CO | Partial | Electric & Multi-Utilities | Narrow | 38 | $100.6B |
| DUK Duke Energy CORP | Partial | Electric & Multi-Utilities | Narrow | 41 | $93.0B |
| NGG NATIONAL GRID PLC | Partial | Electric & Multi-Utilities | Narrow | 39 | $82.2B |
| CMI CUMMINS INC | Partial | Machinery | Narrow | 57 | $71.9B |
| AEP AMERICAN ELECTRIC POWER CO INC | Partial | Electric & Multi-Utilities | Narrow | 54 | $67.9B |
| D DOMINION ENERGY, INC | Partial | Electric & Multi-Utilities | Narrow | 43 | $54.7B |
| ETR ENTERGY CORP /DE/ | Partial | Electric & Multi-Utilities | Narrow | 38 | $47.5B |
| XEL XCEL ENERGY INC | Partial | Electric & Multi-Utilities | Narrow | 39 | $46.9B |
| EXC EXELON CORP | Partial | Electric & Multi-Utilities | Narrow | 36 | $43.4B |
| PEG PUBLIC SERVICE ENTERPRISE GROUP INC | Partial | Electric & Multi-Utilities | Narrow | 41 | $35.0B |
| FTS Fortis Inc. | Partial | Electric & Multi-Utilities | Narrow | 43 | $28.1B |
| ES EVERSOURCE ENERGY | Partial | Electric & Multi-Utilities | Narrow | 35 | $24.3B |
| HRNNF Hydro One Ltd | Partial | Electric & Multi-Utilities | Narrow | 42 | $24.3B |
| EIX EDISON INTERNATIONAL | Partial | Electric & Multi-Utilities | Narrow | 44 | $21.4B |
| WWD Woodward, Inc. | Partial | Aerospace & Defense | Narrow | 61 | $19.4B |
| WCC WESCO INTERNATIONAL INC | Partial | Distributors & Equipment Rental | Narrow | 40 | $16.7B |
| MTZ MASTEC INC | Partial | Construction & Engineering | Narrow | 44 | $15.3B |
| CIG ENERGY CO OF MINAS GERAIS | Partial | Electric & Multi-Utilities | Narrow | 58 | $8.7B |
| HUT Hut 8 Corp. | Partial | Digital Assets & Crypto | None | 23 | $8.4B |
| ACA Arcosa, Inc. | Partial | Construction & Engineering | None | 40 | $7.2B |
| ESE ESCO TECHNOLOGIES INC | Partial | Machinery | Narrow | 56 | $6.5B |
| TXNM TXNM ENERGY INC | Partial | Electric & Multi-Utilities | Narrow | 33 | $6.5B |
| ECG Everus Construction Group, Inc. | Partial | Construction & Engineering | Narrow | 51 | $5.5B |
| ELPC ENERGY CO OF PARANA | Partial | Electric & Multi-Utilities | None | 39 | $4.4B |
| PRIM Primoris Services Corp | Partial | Construction & Engineering | Narrow | 52 | $4.0B |
| BKV BKV Corp | Partial | Oil & Gas Exploration & Production | None | 30 | $2.5B |
| CTOS Custom Truck One Source, Inc. | Partial | Distributors & Equipment Rental | None | 34 | $2.1B |
| WLDN Willdan Group, Inc. | Partial | Professional & Business Services | None | 39 | $1.1B |
| NPKI NPK International Inc. | Partial | Distributors & Equipment Rental | None | 37 | $930M |
| KOP Koppers Holdings Inc. | Partial | Chemicals | Narrow | 45 | $812M |
| GREEL Greenidge Generation Holdings Inc. | Partial | Digital Assets & Crypto | None | 16 | $468M |
| DGXX Digi Power X Inc. | Partial | Digital Assets & Crypto | None | 13 | $339M |
| FIP FTAI Infrastructure Inc. | Partial | Railroads | None | 5 | $275M |
| ESOA Energy Services of America CORP | Partial | Oilfield Services & Equipment | None | 24 | $176M |
| TUSK MAMMOTH ENERGY SERVICES, INC. | Partial | Oilfield Services & Equipment | None | 16 | $130M |
| TGEN TECOGEN INC. | Partial | Building Products | None | 18 | $63M |
73 companies.
Price versus fair value for every company is in the screener.